Bruce Smith

UK Financial Controller at Signant Health

London, England, United Kingdom

About

• Qualified as Chartered Accountant in Institute of Chartered Accounts Scotland in September 1997. • Ability to manage a large finance team as Financial Controller. • Up-to-date financial accounting and consolidation experience under IFRS and UK GAAP. • Experienced in presenting to senior people and attending executive meetings. • Business partnering with non-finance people to enable effective decision making. • Ability to work under pressure in a rapid growth environment and proven track record of delivery against tight deadlines. • Ability to manage large teams and people with different skills backgrounds, including restructuring, recruitment, coaching and staff development.

Experience

  • UK Financial Controller at Signant Health
    Jul 2015 - Present · 11 yrs

    Signant Health is a Private Equity owned clinical trials data technology group with turnover of USD 450m. • Running of all transactional finance aspects of the UK and Ireland operational business in relation to general ledger, tax, payables, cash and payroll. • Partnering with other departments to make improvements to the running of the UK and Ireland business. Actively promoted business engagement with Finance. • Management and development of UK and Romania finance team members. • Running all aspects UK and Ireland month-end to deliver reporting consistently to demanding deadlines. • Set up and improvement of controls and procedures to meet demands of a rapidly growing business in order to meet Private Equity standards. • Work with tax advisers on UK tax issues such as annual tax compliance, tax planning, benefits taxes policies, VAT/Customs planning and intercompany restructuring. • Delivered annual statutory accounting of the operations in the UK as well as the UK corporate legal entities under IFRS (12 entities). • Main contact for UK external advisors including banks, auditors, company secretarial and tax advisors for UK and Ireland business. • Responsible for bank compliance work to ensure the Group complied with all reporting and covenant requirements. • Key support to the VP of Finance on group finance issues including transfer pricing, bank refinancing, investor repayments and group accounting issues. • Key project member on the sell side due diligence work to support exit by first Private Equity owner who sold the company to current Private Equity owner. • Key finance member on projects to set up entities in new countries such as Romania, Ireland, Czech Republic and Philippines.

  • Group Reporting Manager at Vue Entertainment
    May 2013 - Jul 2015 · 2 yrs 3 mos

    Vue Cinema Group is a private equity owned international Cinema group with turnover of £600m) • Managing the team that produced the consolidated results, balance sheet and cash flow reporting for the group month-end, bond reporting and reporting to private equity owners. • Working on the Offering Memorandum processes for the sale of the business to new Private Equity owner, raising of listed bond finance and the acquisitions of business in Poland and Italy. • Integration of acquired businesses in Poland and Germany to align reporting and processes. • Managing the interim and year-end audit and statutory accounts process for both consolidated and individual companies. • Implementing improved procedures to help the finance team move to a group function structure as the company expanded rapidly. • Working on a variety of financial accounting, tax and treasury projects for Group CFO and Director of Financial Control. • Implementation of CaseWare statutory reporting software for consolidated and individual entities.

  • Interim International Warranty Finance Controller at Domestic & General
    Jan 2013 - Apr 2013 · 4 mos

    Running the month end process for the international division which involved producing the consolidated result, reviewing the results submissions and producing the board pack for the International CFO. Supporting the finance teams in Germany, Spain, Italy and London in all aspects of finance. Working on the due diligence process to provide information for the sale of the business.

  • Controller at GEMS International Group Limited
    Aug 2012 - Dec 2012 · 5 mos

    Private Equity owned geotechnical engineering and marine surveys company with turnover of €50 million; • Completing the group consolidation and group financial statements for December 2011 year end reporting under UK GAAP. • Completing the financial statements and related documents for Belgium subsidiary under Belgium “Alarm Bell legal rules” for company in financial difficulties. • Provided analysis required by private equity owners and senior management team to enable restructure of the business. Reason for leaving: Company went insolvent.

  • Group Financial Controller at Sirius Real Estate Limited
    Jul 2007 - Jul 2012 · 5 yrs 1 mo

    Sirius is an AIM listed property investment and development company with a property value of €500 million. • Running of the finance department and managing the team which consisted of 25 members. This included controlling the accounts payable & receivables functions, monthly management accounts reporting, budgeting, decision support and all corporate reporting. • Setting up the controls and procedures to change the function from that of a small private venture to being able to support rapidly growing international listed venture. Had to ensure the newly launched company on AIM met the required standards of corporate governance. • Being the finance representative in executive meetings that helped senior management decide the strategic direction of the company. • Presenting to the board in executive meetings on the group performance and other financial initiatives. • Changing the finance function from being focussed on financial reporting to business partnering with the commercial areas of the business. • Recruitment and development of the finance team from being a small team of 6 that increased to 25 as the company rapidly expanded. • Managed the interim and year end audit process. Prepared the first and following fully compliant IFRS listed company financial statements for the group. • Running the annual budgets and quarterly reforecast reporting processes. • Co-ordinate tax team on local and international tax issues impacting the group. • Implemented a new SAP finance system for both finance and property reporting.